Inflation, Interest Rates & Economy: Inflation Hits 9.4% As Food And Fuel Prices Soar
Headline from Forbes
20 July: Pressure Ramps Up On Bank Of England To Tackle Rising Prices UK inflation rose to a 40-year high of 9.4% in the year to June 2022, according to
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
20 July: Pressure Ramps Up On Bank Of England To Tackle Rising Prices UK inflation rose to a 40-year high of 9.4% in the year to June 2022, according to
U.K. inflation hit yet another new 40-year high in June as food and energy prices continued to soar, escalating the country’s historic cost-of-living crisis.
Inflation in the UK has climbed over 9%, its highest rate since 1982. The continued increase could lead to the Bank of England hiking its key interest rate to a multiyear high.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Inflation, Interest Rates & Economy: Inflation Hits 9.4% As Food And Fuel Prices Soar | Since Then